Barry Silbert, founder and CEO of online trading platform SecondMarket, said that his new company Bitcoin Investment Trust is drawing significant levels of interest on Wall Street, Entrepreneur reported on December 11.
During remarks given at a private dinner in New York City last week, Silber said that “hundreds of millions of dollars” will be moving into the virtual currency in the next year.
”We’re three to six months away from Wall Street dollars moving into Bitcoin in a big way,” he said.
Silber added that since the Bitcoin Investment Trust has launched, the group has received $70 million in investments.
Given the up-and-down trajectory of the virtual currency market, it helps to have a resource that catalogs all of the different developments taking place. Keep up with the latest news by following the PYMNTS Bitcoin Bubble Tracker by clicking here.
“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.
Advertisement: Scroll to Continue
